Developing smart contracts, bots, basic scripted logics, arbitrages on DEXs, or trading on CEXs have been becoming easier with time to deploy. There are platforms out there that let users deploy their own smart contracts or set up trading bots without having to code at all.
However, most of these platforms are focused on specific automation and charge a fee from their users which then ultimately is the user-end fee and not a fee that the user would have paid if he was a developer.
This is when Graphlinq steps in, launched earlier this year, their motive is to provide a way to interface the blockchain with any connected system as effortlessly as possible and without requiring any coding skills with a unique execution fee method.
In other words, they want to give their users “a developer experience, without needing them to code”. Meaning that the users can be existing coders, organizations, or just blockchain enthusiasts, anyone can build on top of Graphlinq.
Graphlinq even lets you connect to Ethereum/BSC data-feed almost for free and in real-time using GraphLinq to help you suit your Trading, DeFi & similar needs. The platform has live drag-and-drop plugins & a set of templates to choose from. Whether a user wants to fetch data from a decentralized or centralized stream and send it to telegram, webhook, discord, etc. or if he wants to set up a trading bot based on his indicators, anything and everything can be automated with the help of Graphlinq Protocol.
What’s so unique about building with Graphlinq is that when you execute a graph (.glq file), you are charged an execution fee of the node, referred to as GAS.
Graphlinq goes one step further, as each time users pay for graphs’ executions, the GAS (GLQ) used for any of the graphs running on the mainnet will be burned from circulation, therefore reducing the supply of the asset over time.
However GraphLinq is built on top of Ethereum as of now, but by the end of this year they will roll out their own Proof Of Stake Blockchain. Apart from this, in their roadmap, an interest in Dao Governance has also been mentioned for later this year that will allow the community to decide the future of project development by voting on the best things to build.
By Q3 this year, they are to launch a community-driven marketplace for buying & selling premade Graph templates peer to peer using GLQ. There are more interesting plans for the future in Graphlinq roadmap, check it out.
As mentioned by their team, GraphLinq is also going to enable staking for GLQ token using smart contract, wherein the early adaptors & stakers will benefit from appealing APY bonuses.
You can get started on building your first graph today, here’s a complete documentation on how it works: https://docs.graphlinq.io/
Here are the founders introducing GraphLinq in their first AMA session: https://youtu.be/vnm9b43tb-c